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what is accural ledger
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Answer / mrityunjoy dubey
accrual sytem of accounting signify the method in which we
should provide all the recurring expenses of the year in
the final accout as well as all the capital expenditure
made in the year should be reflected in balancesheet
| Is This Answer Correct ? | 12 Yes | 1 No |
Answer / rajendra prasad
Recognition of revenue and costs as they are earned or
incurred(and not as money is received or paid.) It includes
recognition of transactions relating to assets and
liabilities as they occured irrespective of the actual
receipts or payments.
| Is This Answer Correct ? | 1 Yes | 0 No |
Detail your responsibilities in accounts receivable
Cash in hand-5000,Cash at bank-4000, Bill receivable- 3000,Bills payable-5000,Bank loan-6000.Calculate total liability of the firm?
What do we mean by Redemption of shares and debentures?
2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.
a cheque is received from a debtor and is deposited in the bank on the same day. what will be the journal entry?
what do you mean byrecoupment of shortworkings in royalty accounts
1. RPC Ltd. follows the written down value method of depreciating machinery year after year due to (a) Comparability. (b) Convenience. (c) Consistency. (d) All of the above.
What is the difference between Accruals and Provisions?
who issues the accounting standards?
Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-
0 Answers InTarvo Technologies,
What do u mean by accounting?
Is Profession Tax return or not ?
Audit 
